The forecasted sold production of manure spreaders and fertiliser distributors in the Netherlands indicates a consistent upward trend from 2024 to 2028. In 2023, the production stood at an undisclosed value, but from 2024, the forecasted values start at 36.757 million Euros and gradually increase each year, reaching 39.351 million Euros by 2028. The year-on-year percentage variations are as follows:
- 2024 to 2025: 1.79% increase
- 2025 to 2026: 1.74% increase
- 2026 to 2027: 1.70% increase
- 2027 to 2028: 1.65% increase
The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 1.72%, demonstrating steady growth in production values.
Future trends to watch for include advancements in agricultural technology that may boost productivity, potential shifts in environmental regulations affecting fertiliser use, and economic factors impacting the agricultural sector’s investment in new equipment.